Tag: SARB
SARB’s 25bp cut set to lift outlook for 2025, says FNB
The South African Reserve Bank (SARB) announced its decision Thursday, 30 January 2025, to lower its repo rate by 0.25. Consequently, FNB confirms that...
Crypto assets: Are you prepared for the taxman?
South African taxpayers must realise that the time to regularise their cryptocurrency assets with the South African Revenue Service (SARS) has come, says Diane...
Will SA introduce a R10 coin? SARB ‘mulling its options’
Only 500 commemorative R10 coins have been produced before – but one SARB official believes ‘it makes financial sense’ to bring more into circulation.
Well,...
SARB keeps rate on hold on well-anchored inflation expectations
The MPC unanimously decided to keep the policy rate unchanged at a historic low 3.5%, in line with expectations. Well anchored inflation expectations supported...
SARB to splash cash on government bonds, will ‘increase market liquidity’
The SA Reserve Bank (SARB) said on Wednesday said it would begin buying an unspecified amount of government bonds as part of additional emergency...
South Africa’s new cryptocurrency changes explained
At the beginning of January, the South African Reserve Bank (SARB) released a new consultation paper focusing on crypto assets in the country.
Whilst the SARB’s consultation...
53 people exposed in South Africa’s great bank heist: Full report
A forensic investigation into the mass looting of VBS Mutual Bank has been completed, with investigators effectively finding that there is no way for...
Limited room to manoeuvre as Mboweni faces mammoth task to revive SA economy
Nine years after leaving his post as governor of the South African Reserve Bank, Tito Mboweni is has been appointed as the nation’s finance...
Technical recession indicates SARB is behind the curve on rate cuts
The recent announcement that South Africa has officially entered a technical recession – characterised by two consecutive quarters of negative GDP growth – indicates...
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